Scotland has traditionally and historically been viewed as an enterprising nation. Somehow it seemed as if that enterprising spirit had disapeared.
But in the past decade the country has witnessed a sea-change in attitude to entrepreneurship and wealth creation, according to the chief executive of the organisation which exists to serve the needs of Scotland's ambitious growth-orientated entrepreneurs.
Entrepreneurial Exchange chief executive John Anderson maintains that since the organisation was created in 1994 there is more widespread acceptance of the role which the entrepreneur has to play in society.
'In 1994 the Exchange began with just 50 founding members. Now, as we prepare for our tenth annual dinner and award, we have more than 400 members heading up companies employing more than 90,000 people and with a collective turnover of over £6bn,' he said.
'Just a decade ago an entrepreneur was likely to be seen as a kind of Arthur Daley figure. There is now a widespread acceptance that entrepreneurs - individuals building businesses of substance - are making a significant contribution to the Scottish economy.
'Growing a business can be a lonely existence. Entrepreneurs often think that they are the only ones having a particular problem. At Exchange events our members have the benefit of sharing the business experience with those who have been there and done it,' added Anderson.